Rare Earth Market Report December 2015
2016-01-08 17:42:26 【Print】
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Rare earth downstream markets were flat and consumers reduced purchasing volumes, which resulted in decreasing deals in rare earth market in December
. Prices for most rare earth products, such as PrNd, dysprosium, terbium and so on, showed downtrend . In the first half month of December, suppliers held prices stable and intended to watch whether the national storage will be carried out despite of weak demand . In the second half month of December, suppliers had to accept price declines in order to keep cash flow . Therefore, rare earth market witnessed dropping prices . Participants predicted that it is hard for rare earth market to pick up and the majority of rare earth prices will slide a bit in January 2016.